Smart Lifestyle
Menu Display
- Customer Service
- Our Products
- Capital Secure+ - A Combination Of Market-Linked And Guaranteed Returns
- Edelweiss Tokio Life –Wealth Rise+ – A double-advantage ULIP
- Edelweiss Tokio Life – Premier Guaranteed Income – A guaranteed income plan
- Edelweiss Tokio Life –Wealth Secure + - A new generation ULIP
- Edelweiss Tokio Life- Zindagi Protect - A Comprehensive Term Plan
- All Products
- Resume Application
- Insurance Guide
- Knowledge Center
- About Us
Menu Display
- Our Products
- Capital Secure+ - A Combination Of Market-Linked And Guaranteed Returns
- Edelweiss Tokio Life –Wealth Rise+ – A double-advantage ULIP
- Edelweiss Tokio Life – Premier Guaranteed Income – A guaranteed income plan
- Edelweiss Tokio Life –Wealth Secure + - A new generation ULIP
- Edelweiss Tokio Life- Zindagi Protect - A Comprehensive Term Plan
- All Products
Menu Display
Breadcrumb
The Smart Choice to Fulfill Multiple Needs
Life Smart Lifestyle - a savings & life insurance plan with guaranteed¹
additions & bonus(if declared)*².
Product Enquiry
Take a step ahead to grow your savings
No response from Server, Please try again.
Thank you!!
Thank you for sharing your details with us.
Our product expert will get in touch with you soon to understand your life insurance needs.
Smart Lifestyle Navbar
Smart Lifestyle Brouchure
A Multiple of single/annualized premium as life cover at all time during policy tenure
Reasons Why This Plan Is A Smart Choice For You
Reasons Why This Plan Is A Smart Choice For You
One Plan. Multiple Needs.
This plan looks out for your wealth accumulation needs and also provides you with protection to make sure your future is secure.
Loyalty Sum Assured
Every 5 years Loyalty Sum Assured is added to make sure you won’t have to buy a new plan when your financial responsibilities change.
Guaranteed¹ Additions & Reversionary Bonus*²
Guaranteed¹ Additions and Reversionary Bonus(if declared)*² are 2 benefits that are added to your plan from the end of the 1st policy year.
Large Premium Discount*⁴
Get a discount*⁴ up to 3% when you opt for a higher premium amount.
Benefits Of Smart Lifestyle
Benefits Of Smart Lifestyle
-
Wealth Bhi, Protection Bhi
Single plan, double benefit! This plan provides you with ways to accumulate your wealth as well as protection. You might won’t have to buy a new plan every time your financial responsibility changes.
-
Family Protection Benefit
Always look out for your family! By opting for this benefit, in case you are no longer around, we will provide your family with financial assistance in the form of a lump sum amount. They do not have to worry about paying any future premiums and the plan continues as is.
-
Loyalty Sum Assured
We like to see you grow! Loyalty Sum Assured is added every 5 years that will automatically take care of your changing financial responsibilities. With this, you can make sure your dreams are protected from the adverse effects of inflation.
-
Guaranteed¹ Additions
A little addition goes a long way! Guaranteed¹ Additions are added to your policy from the end of the first policy year. These additions are equal to 2% of your Sum Assured value on maturity plus Loyalty Sum Assured accrued.
-
Reversionary Bonus*² (if declared)
Let's grow together! Reversionary Bonus(if declared)*² may accrue every year from first policy year, at the discretion of the Company and based on the performance of the participating fund.
-
Loan² Facility
Don’t let financial trouble stop you from your goals! We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Tokio Life Smart Lifestyle offers you the choice to avail a loan² for urgent need of cash flow.
-
Tax Benefits³
No more deductions! The premiums you pay are eligible for deductions under section 80(C) and the returns you get from it are exempt from taxes under section 10(10D)
Wealth Bhi, Protection Bhi
Single plan, double benefit! This plan provides you with ways to accumulate your wealth as well as protection. You might won’t have to buy a new plan every time your financial responsibility changes.
Family Protection Benefit
Always look out for your family! By opting for this benefit, in case you are no longer around, we will provide your family with financial assistance in the form of a lump sum amount. They do not have to worry about paying any future premiums and the plan continues as is.
Loyalty Sum Assured
We like to see you grow! Loyalty Sum Assured is added every 5 years that will automatically take care of your changing financial responsibilities. With this, you can make sure your dreams are protected from the adverse effects of inflation.
Guaranteed¹ Additions
A little addition goes a long way! Guaranteed¹ Additions are added to your policy from the end of the first policy year. These additions are equal to 2% of your Sum Assured value on maturity plus Loyalty Sum Assured accrued.
Reversionary Bonus*² (if declared)
Let's grow together! Reversionary Bonus(if declared)*² may accrue every year from first policy year, at the discretion of the Company and based on the performance of the participating fund.
Loan² Facility
Don’t let financial trouble stop you from your goals! We want you to live your zindagi unlimited, even if you need a little support to do it. That is why Edelweiss Tokio Life Smart Lifestyle offers you the choice to avail a loan² for urgent need of cash flow.
Tax Benefits³
No more deductions! The premiums you pay are eligible for deductions under section 80(C) and the returns you get from it are exempt from taxes under section 10(10D)
Choice of 6 Riders
Choice of 6 Riders⁹
Accidental Death Benefit Rider
This rider provides financial security in the form of an additional life cover to your loved ones in case of demise due to an accident.
Accidental Total and Permanent Disability Rider
In case you are diagnosed with one of 12 listed critical illnesses, this optional benefit will provide you 100% of the Rider Sum Assured after 30 days of diagnosis.
Income Benefit Rider
Get the power of providing financial security in the form of regular income to your family when you’re no longer around with this rider.
Payor Waiver Benefit Rider
With this rider, if the proposer of the policy suffers from an unfortunate event like death, disability or critical illness, all future premiums are waived off and the policy continues for the life insured.
Edelweiss Tokio Life - Accidental Death Benefit Rider - UIN 147B002V04
You never know when an accident can befall you, and lead to unfortunate circumstances. By definition, an Accidental Death is a traumatic death caused solely due to an accident, occurring independently of any other causes and within ninety (90) days of such trauma, proved to the satisfaction of the insurer.
It is a sudden situation, which can often leave your loved ones scrambling to make arrangements for their future. By opting for this Rider, you can make sure your loved ones get financial security in these unforeseen circumstances.
The entry age for this rider spans between the age of 18 till 65. This rider looks out for your family’s financial needs in case of an accident causing your unfortunate demise. The policy term for this rider ranges between 5 to 52 years with maturity age between 23 to 70 years. You can carry out your payments through options like Single Pay, Regular Pay and Limited Pay but the frequency of these payments must match your selections in the base plan. The annual premium amount for this rider is Rs. 0.50 (excluding service tax) for a Sum Assured of Rs. 1000. The minimum Sum Assured received from this rider is Rs. 10,000, while there is no limit on the maximum Sum Assured value, subject to Reinsurance capacity.
Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider - UIN 147B001V04
Accidents are unpredictable and can have long-lasting impacts. In case you are left with a total and permanent disability due to an accident, it can affect your ability to continue your occupation and can hamper your efforts to provide for your loved ones. This Rider provides aid in the form of a lump sum amount, so you can manage your expenses. It comes into effect after 180 days of your condition being presented.
The entry age for this rider can range between 18 to 65 years. This rider provides financial security in case of total and permanent disability caused by an accident. The policy term for this rider ranges between 5 to 52 years with maturity age between 23 to 70 years. You can carry out your payments through options like Single Pay, Regular Pay and Limited Pay but bear in mind that the frequency of these payments must match your selections in the base plan. It is important to note that the total rider premiums should not exceed 30% of the base plan premium. The minimum Sum Assured received from this rider is Rs. 1,00,000, while there is no limit on the maximum Sum Assured value, subject to Reinsurance capacity . However, the maximum sum assured cannot exceed the value of the Sum Assured of the base plan.
Edelweiss Tokio Life - Income Benefit Rider - UIN 147B015V02
You are one of the pillars of support for your loved ones, but unforeseen circumstances can take you away from them. In such cases, it is important to make arrangements for your family, so their future is protected. Thus, this Rider helps provide them with a monthly income so they can manage their expenses when you’re no longer around to support them.
With an entry age spanning from 18 to 65 years, this rider’s term can last anywhere between 5 to 52 years. The maturity age is between 23 to 70 years of age. The minimum premium amount for this rider is Rs. 101 and the maximum amount is based on age, gender, policy term, premium paying term and Sum Assured. Bear in mind that this amount cannot exceed beyond 30% of your base plan’s premium. You can choose different payment options like Single Pay, Regular Pay and Limited Pay to purchase this rider, but this frequency will depend on the choice you have made in your base plan. The minimum Sum Assured you will get from this optional benefit is Rs. 75,000. There is no limit on the maximum Sum Assured value. On death of the life assured, a monthly death benefit amount equal to 1% of the sum assured would be paid for the next 150 months to his or her family.
Edelweiss Tokio Life - Payor Waiver Benefit Rider - UIN 147B014V05
Unforeseen circumstances like diagnosis of a critical illness or disability can have long-reaching effects. It can change your lifestyle and can have an adverse effect on your everyday processes. This Rider provides assistance in such a case - diagnosis of one of listed critical illnesses, a total and permanent disability caused by an accident or death. In such a case, all your remaining premium payments will be waived off and your policy benefits will continue unaffected. This Rider is applicable on plans where the life insured and proposer of the policy are different people.
This optional benefit has an entry age of 18 to 65 years and its maturity age is 70 years. Your payment frequency and term for this rider should coincide with the selection made for the base plan. The minimum premium amount you will have to pay is Rs. 3.40, while the maximum premium will be restricted to 30% of the base product premium. The minimum premium amount that will be waived off through this rider is Rs. 1000, whereas there is no limit for the maximum premium amount.
This Rider covers the following critical illnesses - Cancer of Specified Severity, Open Chest CABG, Myocardial Infarction (First Heart Attack of specific severity), Open Heart, Replacement OR Repair of Heart Valves, Kidney Failure Requiring Regular Dialysis, Third Degree Burns, Major Organ / Bone Marrow Transplant, Permanent Paralysis of Limbs, Stroke Resulting in Permanent Symptoms, Surgery of Aorta, Coma of Specified Severity and Blindness. This Rider offers a 15-day Free Look period and the Grace Period is the same as the base plan.
Payor Waiver Benefit Rider won’t be offered under the Family Protection Option.
All You Need are 4 Steps to Get this Plan
All You Need are 4 Steps to Get this Plan!
Start Your Journey
- Conduct Need Analysis
- Choose your Premium Amount
- Choose your Sum Assured on Maturity
Choose Your Terms
- Choose your Policy Term
- Choose your Premium Paying Term
- Choose your Premium Mode
Customize Your Plan
- Choose between Base Option and Family Protection Option
- Enhance your plan through Riders
Sit Back And Relax
- Submit all the requested documents
- Let us verify your details and start your plan
Need expert advice
Need expert advice?
Reasons Why You’re Bound To Love Us Back
Reasons Why You’re Bound to Love Us Back
We’ve got experience in helping people make their Zindagi unlimited
We have the expertise in making you grow your wealth.
We constantly innovate our offerings to get better results for you
Reasons Why You’re Bound to Love Us Back
We’ve got experience in helping people make their Zindagi unlimited
We have the expertise in making you grow your wealth.
We constantly innovate our offerings to get better results for you
Smart Lifestyle Testimonial Rating
Here's Why Our Customers Adore Us
Look at what people had to say about our services
Asset Publisher
He was very much clear about the issue and the importance of it.. Thanks rohit
Anisha Shashidharan
(sr.associate)Your customer support is doing excellent job.keep up the good work.
Nilesh Pawar
(manager)It was very good experience. they understand my problem and solved it and given time to me, thank you.
Kumar Devam
(pvt teacher)Thanks, all queries resolved in one call to satisfaction. I am rating the services as 10.
Kanika Chaudhary
(DESIGN ARCHITECT)Very helpful during call thanks to Ms Ayesha A customer care executive
Sudeep priyo Bagh
(teacher)The Customer Care Executive - Ms Afreen Sheikh was very prompt in resolving my query!!
Devanshu Gandhi
(Buisness owner)FAQs - Smart Lifestyle
Fire Away Queries
Like teachers say, there are no silly questions
What is a savings / wealth accumulation plan?
In today’s uncertain world, it is important to save for the rainy days. You need to arrange for stable funds to fulfill your ambitions and to support you in your later years. A savings insurance plan ensures that your family’s financial future is secured, even in uncertain times.
Was this helpful?
Why should I opt for Edelweiss Tokio Life Smart Lifestyle?
This plan offers wealth accumulation & is designed to cater to multiple needs. The life insurance cover in this plan takes care of financial security of your family in case of an unfortunate event. This plan rewards you in the form of increasing Loyalty Sum Assured and potential to earn increasing additions and bonus as the plan progresses. You won’t have to buy a new plan every time your financial responsibility changes.
Was this helpful?
What goals can I achieve with this plan?
Whether it is taking care of your family’s financial future, saving for retirement, child’s education or marriage, or any other important milestone, Edelweiss Tokio Life – Smart Lifestyle is designed to take care of all your financial goals.
Was this helpful?
Does this plan cover COVID-19 claims?
Yes, this plan covers death due to COVID-19.
Was this helpful?
What are the plan options available?
There are two plan option to choose from - Base option and Family Protection option.
Was this helpful?
What is the Base option under this plan?
The Base option helps you to accumulate wealth for fulfilling your financial responsibilities. It also provides life insurance cover to take care of loved ones in case of any unfortunate event.
Was this helpful?
What is the Family Protection option under this plan?
The Family Protection option ensures that in case of your unfortunate demise, your family does not have to compromise on their financial goals. They will receive the full benefits under the policy and are also saved from the worries of paying future premiums. A lumpsum amount is also paid on death of the Life Insured to take care of any immediate needs.
Was this helpful?
What is Loyalty Sum Assured?
As your plan progresses, Loyalty Sum Assured accrues at the end of every 5 years. This benefits you in the following ways: • Increasing Loyalty Sum Assured will automatically take care of your changing financial responsibilities, saving you from the hassles of buying a new plan every time a new life event happens. • Protect your financial goals from the adverse impact of inflation.
Was this helpful?
What is Simple Revisionary Bonus (if declared)?
At the discretion of the Company and based on the performance of the participating fund, Simple Reversionary Bonus (if declared), if any may accrue every year from first policy year. The Simple Reversionary Bonus (if declared), if any is a percentage of (Sum Assured on Maturity plus Loyalty Sum Assured accrued till the beginning of the applicable policy year).
Was this helpful?
Is there a Terminal Bonus?
At the discretion of the Company and based on the performance of the participating fund, Terminal Bonus may be declared and will be payable on death or maturity. Terminal Bonus is a percentage of (Sum Assured on Maturity plus Loyalty Sum Assured accrued till the beginning of the applicable policy year). For Family Protection Option, terminal bonus, if any, will be payable only on maturity.
Was this helpful?
What is the minimum and maximum entry age?
The minimum entry for Base option is 1 year and the maximum maturity age is 50 years. The minimum entry age for Family Protection option is 18 years and the maximum entry age is 40 years.
Was this helpful?
What is the minimum and maximum maturity age?
The minimum maturity age for Base option is 18 years and the maximum maturity age is 70 years. The minimum maturity age for Family Protection option is 28 years and the maximum maturity age is 60 years.
Was this helpful?
What is the minimum and maximum policy term?
The minimum policy term is 10 years and the maximum policy term is 20 years.
Was this helpful?
How long do I need to pay my premiums and at what frequency?
You can pay your premiums for 5, 7, 10 or 12 years. You can choose the payment frequency as either annual, semi-annual, quarterly or monthly.
Was this helpful?
What is the minimum and maximum sum assured?
The minimum sum assured is ₹1 lakh. There is no limit to the maximum sum assured, subject to underwriting.
Was this helpful?
What is a Rider?
A rider is an additional benefit that you can opt for, to enhance your plan.
Was this helpful?
What are the riders available with this plan?
The following riders are available with Edelweiss Tokio Life Smart Lifestyle: • Edelweiss Tokio Life - Accidental Death Benefit Rider • Edelweiss Tokio Life - Accidental Total and Permanent Disability Rider • Edelweiss Tokio Life - Critical Illness Rider • Edelweiss Tokio Life - Waiver of Premium Rider • Edelweiss Tokio Life - Payor Waiver Benefit Rider • Edelweiss Tokio Life - Income Benefit Rider
Was this helpful?
Is there a loan facility available with the plan?
Yes, you can get a policy loan once policy acquires surrender value.
Was this helpful?
Does this plan have a Maturity Benefit?
Yes, this plan does have a maturity benefit. On maturity date, while the policy is in-force, the sum of the following shall be payable: a. Sum Assured on Maturity b. Loyalty Sum Assured on Maturity c. Accrued Guaranteed Addition d. Accrued Reversionary Bonus, if any e. Terminal Bonus, if any
Was this helpful?
Does this plan have a Free Look Period?
Yes, there is a free look period of 15 days from the date of the receipt of the policy document. Policies sold through Distance Marketing will have a free look period for 30 days.
Was this helpful?
Are there any Exclusions to this plan?
In case of death due to suicide within 12 months from the risk commencement date or from the date of revival of the policy, your beneficiary shall be entitled to receive at least 80% of the Total Premiums Paid, provided the policy is in in-force.
Was this helpful?
Does this plan have a Grace Period?
Grace period of 15 days, where you pay the Premium on a monthly basis, and 30 days in all other cases, is available.
Was this helpful?
Dhan Labh any queries
We are always there for you !
For queries, write to onlinesales@edelweisstokio.in
Check Out How We’ve Made News!
Video - Smart Lifestyle
Videos
0- Provided the premium paying term is more than or equal to 10 years.
1- This is applicable only if all due premiums are paid and the policy is inforce.
2- Policy loan are subject to terms & conditions of the product. Refer product brochure for more details.
3- As per provisions of Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
9- Riders are available at extra cost.
*2- At the discretion of the Company and based on the performance of the participating fund, Simple Reversionary Bonus, if any may accrue every year from first policy year.
*4- subject to terms & conditions. Refer product brochure for more details
Edelweiss Tokio Life – Smart Lifestyle is only the name of the Individual, Non-Linked, Participating, Savings, Life Insurance Product and does not in any way indicate the quality of the plan, its future prospects or returns. Please know the associated risks and the applicable charges from your Personal Financial Advisor or the Intermediary. Tax benefits are subject to changes in the tax laws. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
IRDAI Reg. No.: 147. UIN: 147N040V03. CIN: U66010MH2009PLC197336.
ARN: WP/3442/Oct/2023